Raised Bill No. 5445, introduced in the February Session, 2024, pertains to the electric grid interconnection points. The bill mandates that by January 1, 2025, the chairperson of the Public Utilities Regulatory Authority (PURA) must submit a report to the joint standing committee of the General Assembly that oversees energy matters. This report is to detail the status of any ongoing docket proceedings where PURA is considering a program that would distribute the initial costs of new electric grid interconnection points across multiple developers of renewable energy projects. Additionally, the report should include any legislative recommendations relevant to the docket.

The bill specifies that the act will take effect upon passage and introduces a new section to the statutes. The purpose of the bill is to ensure that the General Assembly is informed about PURA's work regarding the sharing of costs for new electric grid interconnection points among various renewable energy project developers. The bill does not include any text deletions from current law but adds new legal language to create this requirement.